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CROCKER-ANGLO NAT. BANK v. KUCHMAN

Docket No. 10093.

194 Cal.App.2d 589 (1961)

15 Cal. Rptr. 230

CROCKER-ANGLO NATIONAL BANK, as Executor, etc., et al., Appellants, v. CARL KUCHMAN et al., Respondents.

Court of Appeals of California, Third District.

August 8, 1961.

Attorney(s) appearing for the Case

Lambert and Lemmon for Appellants.

McDonough & Wahrhaftig and Milton L. Schwartz for Respondents.

WARNE, J. pro tem.*

Plaintiffs in their complaint allege that they had purchased all the capital stock of a certain corporation from the defendants, Carl Kuchman and Earl Shenker; that they had been induced to make such purchase by fraudulent representations concerning the value of the stock as reflected by the assets of the corporation, its business, its prospects, and its good will; that plaintiffs had paid

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